Taking A Look At The Growth of the Furniture Industry In The United States And Around The World
From bedside tables to lodge style decor, the way that you decorate your home has the power to truly say something about you, about who you are, and about how you hold yourself. Decor and furniture, from the bedside tables to the native american style blankets, is important, more important than many of us outwardly realize and acknowledge. But after all, your home is where you go to be comfortable, to get away from the rest of the outside world. If you can\’t be comfortable in your own home, then what is the point? And part of cultivating that comfort, for many people, involves having furniture and decor that they are proud to display and show off.
Much of this has led to the success of the industry of furniture and floor covers (such as rugs) not only in the United States but around the world as a whole as well. In fact, the global market value for both furniture as well as for floor coverings is expected to reach and even exceed more than six hundred and ninety billion dollars by the time that we reach the year of 2019, now far less than a full calendar year away, less than even half of a year, at that. In fact, the amount of revenue that the furniture industry takes in grows by as much as six percent to seven percent on a yearly basis, showing a considerable growth with each and every passing year.
And this can be attributed to the fact that people, in particular millenniels, are buying more furniture, floor covers, and wall art and decor than ever before. In fact, an increase in furniture buying among millennials was recorded between the years of 2012 and 2014. In this very short span of time, a scant two years, millennials increased their overall furniture and decor spending by more than one hundred and forty five percent (one hundred and forty seven percent, to be more exact). This raised revenue from just over eleven billion dollars to an astounding value of more than twenty five billion dollars (twenty seven billion dollars, to be more exact).
And when people buy nice furniture, they want high quality furniture on top of this, from high quality bedside tables to high quality reclaimed barnwood furniture. This is why the vast majority of people are willing to spend more than two thousand dollars – often up to two thousand and two hundred dollars – on living room redesign and redecoration alone. This spending money allows people who are in the process of redecorating to choose furniture that is not only aesthetically pleasing and chosen to fit the overall tone of the house (or at least the intended tone of the house) but is also highly durable as well. From bedside tables to outdoor furniture, durability is one of the key components when considering a piece of furniture for people upon people looking to buy furniture and buy decor and redecorate their homes.
Durability is particularly crucial in a few areas of furniture and home redecoration and the decor that is chosen as a part of this. For one, wood furniture is bought not only for the sophisticated touch it can add to any room, even if it is just included in your bedside tables, but because it is widely believe to last longer than the furniture that has been made from other materials. In fact, the average home owner who buys wood furniture is expecting it to last for at least ten to fifteen years, if not even longer than that (which is absolutely possible if you take good care of it and don\’t misuse it, that is).
From bedside tables to outdoor patio furniture, there are many ways in which that you can express yourself through the furniture that you buy and then choose to use and display in your home. After all, your furniture can say a lot about you as a person, as can your other home decor that you have purchased.